NASDAQ:FAAR First Trust Alternative Absolute Return Strategy ETF - FAAR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding First Trust Alternative Absolute Return Strategy ETF Please log in to your account or sign up in order to add this asset to your watchlist. $30.07 -0.10 (-0.33%) (As of 01/31/2023 10:28 AM ET) Add Share Share Today's Range$30.03▼$30.0750-Day Range$28.93▼$31.2152-Week Range$28.61▼$37.94Volume6,869 shsAverage Volume51,683 shsMarket Capitalization$205.98 millionP/E RatioN/ADividend Yield5.83%Price TargetN/A ProfileChartDividendInstitutional OwnershipHeadlinesShort InterestSocial Media Receive FAAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Trust Alternative Absolute Return Strategy ETF and its competitors with MarketBeat's FREE daily newsletter. Email Address View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FAAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Trust Alternative Absolute Return Strategy ETF and its competitors with MarketBeat's FREE daily newsletter. Email Address Basic Details Issuer First Trust Fund NameFirst Trust Alternative Absolute Return Strategy ETF Tax ClassificationRegulated Investment Company SymbolNASDAQ:FAAR Inception Date5/18/2016 Fund ManagerJohn Gambla, Rob A. Guttschow, Daniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin WebN/A PhoneN/AFund Focus Asset ClassCommodities BenchmarkNot Applicable CategoryAbsolute Returns FocusLong/Short Development LevelBlended Development RegionGlobal Fund Statistics Assets Under Management$41.13 million Average Daily Volume$39,811.90 Discount/Premium-0.05% ETF Expenses Management Fee0.95% Other Expenses0.00% Total Expenses0.95% Fee Waiver0.00% Net Expenses0.95%Administrator, Advisor and Custodian AdministratorBrown Brothers Harriman & Co. AdvisorFirst Trust Advisors L.P. CustodianBrown Brothers Harriman & Co. DistributorFirst Trust Portfolios L.P. Transfer AgentBrown Brothers Harriman & Co. Trustee Lead Market MakerJane Street Insiders & InstitutionsPFG AdvisorsSold 983 shares on 1/30/2023Ownership: 0.208%Concourse Financial Group Securities Inc.Bought 839 shares on 1/30/2023Ownership: 0.201%International Assets Investment Management LLCSold 3,700 shares on 1/30/2023Ownership: 0.156%Catalyst Wealth Management LLCBought 64,679 shares on 1/26/2023Ownership: 0.944%Walkner Condon Financial Advisors LLCSold 554 shares on 1/26/2023Ownership: 0.145%View All Institutional Transactions FAAR Stock - Frequently Asked Questions How have FAAR shares performed in 2023? First Trust Alternative Absolute Return Strategy ETF's stock was trading at $29.88 on January 1st, 2023. Since then, FAAR stock has increased by 1.0% and is now trading at $30.17. View the best growth stocks for 2023 here. Are investors shorting First Trust Alternative Absolute Return Strategy ETF? First Trust Alternative Absolute Return Strategy ETF saw a drop in short interest in January. As of January 15th, there was short interest totaling 8,400 shares, a drop of 86.8% from the December 31st total of 63,500 shares. Based on an average trading volume of 60,200 shares, the short-interest ratio is currently 0.1 days. View First Trust Alternative Absolute Return Strategy ETF's Short Interest. How often does First Trust Alternative Absolute Return Strategy ETF pay dividends? What is the dividend yield for First Trust Alternative Absolute Return Strategy ETF? First Trust Alternative Absolute Return Strategy ETF declared a quarterly dividend on Wednesday, December 14th. Investors of record on Friday, December 16th will be given a dividend of $1.736 per share on Friday, December 30th. This represents a $6.94 dividend on an annualized basis and a dividend yield of 23.02%. The ex-dividend date of this dividend is Thursday, December 15th. This is a boost from the stock's previous quarterly dividend of $0.00. Read our dividend analysis for FAAR. Is First Trust Alternative Absolute Return Strategy ETF a good dividend stock? First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) pays an annual dividend of $1.74 per share and currently has a dividend yield of 5.83%. FAAR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for FAAR. What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own? Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include Cognizant Technology Solutions (CTSH), Canadian Imperial Bank of Commerce (CM), Mack-Cali Realty (CLI), CONSOL Coal Resources (CCR), CaixaBank (CAIXY), Bankwell Financial Group (BWFG), BlackRock New York Municipal Income Trust (BNY) and ATI (ATI). What is First Trust Alternative Absolute Return Strategy ETF's stock symbol? First Trust Alternative Absolute Return Strategy ETF trades on the NASDAQ under the ticker symbol "FAAR." Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders? First Trust Alternative Absolute Return Strategy ETF's stock is owned by a number of retail and institutional investors. Top institutional investors include Catalyst Wealth Management LLC (0.94%), Sigma Planning Corp (0.54%), Allworth Financial LP (0.37%), PFG Advisors (0.21%), Concourse Financial Group Securities Inc. (0.20%) and Mutual Advisors LLC (0.18%). How do I buy shares of First Trust Alternative Absolute Return Strategy ETF? Shares of FAAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is First Trust Alternative Absolute Return Strategy ETF's stock price today? One share of FAAR stock can currently be purchased for approximately $30.17. How much money does First Trust Alternative Absolute Return Strategy ETF make? First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) has a market capitalization of $206.66 million. This page (NASDAQ:FAAR) was last updated on 1/31/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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